HILLHEAD PROPERTY DEVELOPMENT LIMITED

🌳Matureactive
SC245488 · ltd · incorporated 2003-03-11
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£11.4k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (68/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £11,430
Net assets shrinking
Down £577 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£11k
↓ 4.8% YoY
Current Assets
£13k
↓ 4.3% YoY
Current Liabilities
—
£0£3k£5k£8k£11k£13kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£11.4k£12.0k
Current assets£12.8k£13.3k
Net assets£11.4k£12.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-03-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2015-03-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-05-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-12-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2003-03-13
    ➕
    COGHILL, John Gow appointed
    secretary
  18. 2003-03-13
    ➕
    COGHILL, Arnott Mclean appointed
    director
  19. 2003-03-13
    ➕
    COGHILL, Donald appointed
    director
  20. 2003-03-13
    ➕
    COGHILL, John Gow appointed
    director
  21. 2003-03-13
    ➕
    COGHILL, Phillip William appointed
    director
  22. 2003-03-13
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  23. 2003-03-13
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  24. 2003-03-11
    🏢
    Company incorporated
    As HILLHEAD PROPERTY DEVELOPMENT LIMITED
  25. 2003-03-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 2003-03-11
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-25

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2003-03-11
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Skinnet Farm
Halkirk
Caithness
KW12 6XF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-25OVERDUE
Last: 2025-03-11

Officers (5 active · 2 resigned)

COGHILL, John Gow→
secretary · appointed 2003-03-13
View their other companies + combined net worth →
Active
COGHILL, Arnott Mclean→
director · ~71y · appointed 2003-03-13
View their other companies + combined net worth →
Active
COGHILL, Donald→
director · ~76y · appointed 2003-03-13
View their other companies + combined net worth →
Active
COGHILL, John Gow→
director · ~79y · appointed 2003-03-13
View their other companies + combined net worth →
Active
COGHILL, Phillip William→
director · ~64y · appointed 2003-03-13
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-03-11 · resigned 2003-03-13
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2003-03-11 · resigned 2003-03-13
Resigned

Click a director name to see their full track record across all companies.

Recent filings (59 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-22